Using Payment Gateways to Maintain Privacy in Secure Electronic Transactions

@inproceedings{Arnab2007UsingPG,
  title={Using Payment Gateways to Maintain Privacy in Secure Electronic Transactions},
  author={Alapan Arnab and A. C. M. Hutchison},
  booktitle={SEC},
  year={2007}
}
Because many current payment systems are poorly implemented, or of incompetence, private data of consumers such as payment details, addresses and their purchase history can be compromised. Furthermore, current payment systems do not offer any non-repudiable verification to a completed transaction, which poses risks to all the parties of the transaction — the consumer, the merchant and the financial institution. One solution to this problem was SET, but it was never really a success because of… 
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